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Biju Abraham

Biju Abraham

Director of Finance
Abu Dhabi, أبوظبي
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About Biju Abraham:

        Twenty-Five years of professional experience in hotel accounting management

o Advance knowledge of finance, budgeting and Generally Accepted Accounting Principles

o In-depth knowledge of hotel accounting, payroll & benefits, hotel operations and financial analysis

o Excellent mathematical skills and has the ability to read, write and speak in English

o Comprehensive knowledge of advance financial software programs such as Sun Fidelio, Opera, Micros, GP and other computer applications

o Ability to read, analyze and interpret financial reports, technical journals and legal documents

o Strong hands on leadership experience, having managed projects up to US$300 million extensive experience implementing procedures and formulating strategy.

o Extensive track record in achieving or exceeding financial results.

o Designed and executed tactics for improving operational effectiveness, human resources, customer satisfaction.

o Ability to juggle multiple concurrent projects producing deliverables within established timelines and on budget.

o Strong experience and expertise in communication management, innovation, and relationship building.

Experience

Director of FinanceNov 2019Current

Queen Elizabeth 2 HotelDubai, Dubai

Led the management team and finance team through the 2020 downturn, coordinating cash flow and credit management as well as cost saving measures.  Responsible for capital investment reporting and control through 2 years of intensive renovations, inclusive of rooms, IT structure and public spaces.  Facilitated the accounting for the sale of the Resort from private individuals to a real estate firm and asset management team.  Led the management and finance team through system changes in purchasing as well as time and attendance in additional to outsourcing of payables and payroll. 

Financial ControllerFeb 2011Oct 2019

Al Forsan International Sports Resort/Al Forsan MarriotAbuDhabi, Abu Dhabi

Opening Financial Controller for the 400 room Hotel and Asiasbiggest international Sports Resort Consisting of Equestrian,Shooting,Carting,Water Sports,Paint Ball , Food & Beverage Dining Facilities and huge Banqueting and Event Arena.

Updated and developed new financial policies to support new organizational strategies.

Supported accounting staff in meeting departmental goals through day-to-day guidance and leadership.

Administered payroll oversight, verifying legal compliance of deduction and other activities.

Verified corporate balance sheet and drafted reconciliation reports.

Reviewed accounting procedures to identify deficiencies and recommend improvements.

Trained and monitored support staff to maintain uniform accounting methods and policies across departments.

Kept accounts ready for audits with continuous maintenance and full compliance with industry standards.

Assisted HR team with researching and negotiating components of employee benefits packages with third-party entities.

Updated accounting technology to maintain integrity of system and speed up office workflow.

Investigated significant trends and variances in financial data to resolve problems.

Compiled historical data to assist executives with annual budget recommendations.

Financial ControllerJun 2008Feb 2011

Byblos Hotel Management LLCAbuDhabi, Abu Dhabi

Responsible for the accounting, purchasing and IT functions as well and the financial control functions for the hotel through the finance team.  Duty to ensure all related government and corporate policies and procedures, as well as management and other agreements be observed and adhered to by hotel management personnel.  Further responsibilities include safeguarding of the hotel assets and financial resources to ensure that all are utilized to maximize the hotel profitability.  Provide timely and accurate financial information to hotel senior management and counsel to the hotel senior management and ownership on all related financial aspects.

Financial ControllerSep 2006May 2008

Al Sahra Desert Resort /Jebel Ali Hotel InternationalDubai, Dubai

Responsible for the accurate and timely preparation of financial statements used by both the owning and management companies including budgets and weekly forecasts.  Supervision of all accounting related activities and personnel.  Duties include maintenance of internal controls as well as training and development of staff. 

Updated and developed new financial policies to support new organizational strategies.

Supported accounting staff in meeting departmental goals through day-to-day guidance and leadership.

Helped formulate budget and prepared monthly variance analyses.

Assistant Financial ControllerOct 2002Sep 2006

The Chedi. MuscatMuscat, Muscat

Completed month-end and year-end closing processes in line with GAAP.

Trained and monitored support staff to maintain uniform accounting methods and policies across departments.

Reviewed accounting procedures to identify deficiencies and recommend improvements.

Kept accounts ready for audits with continuous maintenance and full compliance with industry standards.

Compiled historical data to assist executives with annual budget recommendations.

Helped formulate budget and prepared monthly variance analyses.

Enforced sound procedures to maintain adequate control of and secure business assets.

Chief AccountantSep 2000Oct 2002

Versailes Hotel. Dubai/Holiday Beach Club.AjmanDubai, Dubai

Prepared monthly unaudited financial statements and supporting commentary.

Established system controls for new financial systems and developed procedures to improve existing systems.

Prepared monthly account reconciliations and supporting schedules for numerous accounts.

Created finance and accounting presentations and financial reports to inform management.

Managed month-end close tasks to maintain accurate records compliant with GAAP standards.

Assistant Chief AccountantAug 1997Aug 2000

Holiday Inn ResortSharjah, Sharjah

Positions held.  Food and Beverage Controller 2 yrs, promoted to Assistant Chief Accountant .

Processed AP and AR transactions and maintained records accuracy.

Verified supply orders, tracked expenses, and classified purchases to support budget administration.

Reconciled accounts on set schedule to maintain accurate and compliant system with daily reviews of high-use accounts.

Supported customers by creating external invoices for specific departmental billing needs.

Support accounts payable activities, contributing to timely and accurate invoice creation and issuance.

Reviewed and skillfully maintained general ledger accounts.

Cost ControllerMar 1995Jul 1997

Sheraton OmanMuscat, Muscat

Supervised the production of monthly, quarterly and yearly Cost Control reports, forecasts and activity reports for senior leadership and regulatory agencies.

Supervision of Food & Beverage and General Stores

Menu Costing and price implemntation

Inventory Control

Education

MBA : Finance

Bachelor of Commerce : Accountancy and CostingMar 1991

 

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